Phillies, Kyle Kendrick Agree On Two-Year Contract Extension

Posted by: Erik Seybold

Kyle_Kendrick
Philliedelphia/Corey Shaw

As reported by CSN's Jim Salisbury, MLB's Todd Zolecki, and Philly.com's Matt Gelb, the Phillies and righthander Kyle Kendrick have agreed on a two-year, $7.5 million contract extension. In the beginning of January, the Phillies and Kendrick avoided arbitration with a one-year, $3.585 million deal. The deal leaves Kendrick with one remaining arbitration year in 2014. He has four years of arbitration as a Super 2 player.

Excerpt from Matt Gelb

If anything, the deal allows the Phillies to budget for a strict number. Kendrick was scheduled to earn a $1.4 million raise from 2011 to 2012. This deal prevents a similar raise in 2013 through the arbitration process. Now Kendrick, for budgetary purposes is locked into an AAV (annual average value) of $3.75 million.

The 27 year-old Kendrick is entering his sixth season as a Phillie. Last season, he went 8-6 with a 3.22 ERA in 15 starts. Over the past six seasons, he has compiled a 43-30 record and a 4.41 ERA. If the Phillies are investing this much into Kendrick, it is very feasible that he could already be set as the fourth or fifth man in the starting rotation. 

Good morning from Clearwater.

Erik Seybold is a Contributor for Philliedelphia. You can follow him on Twitter @ErikSeyboldPHI.